Dema Hope Real Estate: Press Releases

Dema Hope Hands Over Bole Adey Abeba in 18 Months

Addis Ababa, Ethiopia — October 7, 2026 — Dema Hope Real Estate has officially inaugurated and handed over its Bole Adey Abeba project to customers, completing the 21-storey mixed-use development in just 18 months.

The milestone marks the second project Dema Hope has completed and handed over since entering Ethiopia’s real estate market approximately 30 months ago.

The inauguration brought together Dema Hope Real Estate executives, members of the media, site engineers, architects, brand ambassadors, business partners and invited guests. The occasion was celebrated with a special ceremony featuring the Ethiopian National Defence Force Marching Band.

From Construction to Customer Handover in 18 Months

Bole Adey Abeba was completed within just 18 months and handed over to customers together with their property title documentation.

The achievement reflects Dema Hope’s focus on addressing one of the most important concerns facing property buyers in Ethiopia: receiving the property they purchased at the promised quality and within the promised timeframe.

For Dema Hope, completing construction is only part of that commitment. The company has made construction quality, speed, timely handover and the transfer of ownership documentation central to its approach.

The Bole Adey Abeba project is a 21-storey modern mixed-use development combining luxury residential apartments and commercial spaces. The development also features a range of amenities, including a sports court, gym, multipurpose hall and shared communal facilities designed to enhance the experience of residents.

The completion and handover of Bole Adey Abeba provides a tangible demonstration of Dema Hope’s commitment to delivering projects with speed, quality and accountability.

Two Completed Projects and 11 Active Sites in 30 Months

The Bole Adey Abeba handover also marks a broader milestone for Dema Hope Real Estate.

Within approximately 30 months of entering the real estate market, the company has grown to 11 active project sites while completing and handing over two developments to customers.

As its portfolio continues to expand across Addis Ababa, Dema Hope remains focused on combining strategic locations and modern developments with rapid construction and dependable delivery.

The completion of Bole Adey Abeba in just 18 months represents the latest example of that approach and another significant milestone in the company’s growth.

Bole Adey Abeba II: እንደተወደደ ተደገመ

The completion of Bole Adey Abeba I also marks the beginning of the project’s next chapter.

Following strong customer demand for the original development, Dema Hope previously announced Bole Adey Abeba II, located directly opposite the now-completed Bole Adey Abeba I.

Construction of the second project has already begun under the campaign “እንደተወደደ ተደገመ”, building on the strong customer response to the first Bole Adey Abeba development.

The location of the two projects gives prospective customers an opportunity to experience Dema Hope’s work firsthand. Customers considering Bole Adey Abeba II can visit the completed first development and see its construction quality, finishing, apartments and amenities for themselves.

Rather than relying only on architectural plans and renders, prospective buyers can now see a completed Dema Hope development directly across from the new project.

“እንደተወደደ ተደገመ” Sales and Site Visit Expo

To celebrate the successful handover of Bole Adey Abeba I and give customers an opportunity to experience the completed development, Dema Hope is holding a special “እንደተወደደ ተደገመ” Sales and Site Visit Expo.

The three-day event will run from Meskerem 29 to Tikimt 2 at the newly inaugurated Bole Adey Abeba I development.

Visitors will be able to tour the completed building, explore its apartments and amenities, meet the Dema Hope team and learn more about opportunities at Bole Adey Abeba II.

Special offers will also be available during the event.

Event: “እንደተወደደ ተደገመ” Sales and Site Visit Expo
Date: Meskerem 29 – Tikimt 2
Location: Bole Adey Abeba I

For more information:
+251 9 51 51 51 74

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